Bitcoin

<a href="https://en.coinotag.com/" rel="noopener noreferrer nofollow">CoinOtag</a>, April 5 - Will Bitcoin be able to break the critical resistance zone this time? Where can it fall if it fails to break the critical resistance zone? Current BTC analysis!<h2 id="header-0">Short-Term Bitcoin Price Analysis!</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/2fc9a42f096346fba172b7f48e3c4514.png" />Short-Term Bitcoin/USDT Price Chart Source: TradingViewWhen we examine the short-term price chart of Bitcoin, it is moving in an important resistance zone. Bitcoin’s 24-hour volume decreased by 11% to $16,011,013,875.When we examine the 4-hour price chart of Bitcoin, the BTC price is in the resistance zone between $28,900 and $28,600. If the BTC price makes 4-hour candlestick closes above this resistance zone, it can continue its upward movement to $30,000 levels.If the Bitcoin (BTC) price cannot rise above the red zone mentioned in the analysis, it can start a downward movement from this zone to $25,250 levels.If Bitcoin also encounters selling pressure from this resistance zone, the first area where it will fall and gain support is at $27,600 levels. If Bitcoin cannot hold onto the $27,600 support, it can fall to $26,400 levels.<h2 id="header-1">Medium-Term Bitcoin Price Analysis!</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/17e46b7fd6d54cd7956309f0d3eb8c7c.png" />12-Hour BTC/USDT Price Chart Source: TradingViewWhen we examine the price chart of Bitcoin in a 12-hour time frame, it is moving close to the resistance zone at $28,600.If the Bitcoin price cannot make daily candlestick closes above the resistance level at $28,600, it can start the downward trend from this zone.If Bitcoin makes daily candlestick closes above the $28,600 resistance level, it can continue its upward trend and rise to $30,200 levels.<a href="https://en.coinotag.com/bitcoin-once-again-at-critical-resistance-zone-will-it-break-through/" rel="noopener noreferrer nofollow">Original Article: https://en.coinotag.com/bitcoin-once-again-at-critical-resistance-zone-will-it-break-through/</a>

Bitcoin Once Again at Critical Resistance Zone! Will it Break Through?

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